The quantity of excess reserves that the Bank of Cheerton now hold is $210
From the attached table, the amount generated on the reserve is $4,200
If the Fed's reserve requirement is 5 percent, then the quantity of excess reserves that the Bank hold is given as:
Quantity of excess reserves = 5% of $4,200
Quantity of excess reserves = 0.05 * 4200
Quantity of excess reserves = $210
Hence the quantity of excess reserves that the Bank of Cheerton now holds is $210.
Learn more on discounts here; brainly.com/question/24304697
P = 2(L + W)
P = 2(400 + 200)
P = 2(600)
P = 1200 ft......
I am assuming that is 12 dollars per yard...
1 yd = 3 ft
1200/3 = 400 yds...at 12 per yd....12 * 400 = $ 4800 <==
Answer:
Undefined slope.
Step-by-step explanation:
The formula should be y2 - y1 over x2 - x1
Points ( 20,-16 ) and ( 19, -16 )
So ( -16 - ( -16 ) ) over ( 19 - 20 )
0 over -1
The slope is 0. Undefined.
Answer:
Improper fraction = 10/3 cups
Mixed fraction = 3 1/3 cups
Step-by-step explanation:
Given;
Sam uses 2/3 cup of sugar to make cookies
Rate = 2/3 cup per batch
To make 5 batches, he would need;
Amount = number of batches × rate per batch
Amount = 5 batches × 2/3 cups per batch
Amount of sugar he would need = 10/3 or 3 1/3 cups